Transactions: Florida investor Triarch pays $21.4M for four-MOB complex north of Miami
PEMBROKE PINES, Fla. – A local real estate investor, Aventura, Fla.-based Triarch Capital, in December 2016 acquired the 91,955 square foot Pembroke Pines Medical outpatient campus for $21.4 million, or about $232 PSF.
Transactions: Carter Validus REIT II pays Welltower $63.6M for rehab facility in Greater Philly
MARLTON, N.J. – In more news from Carter Validus Mission Critical REIT II, the company announced that in December 2016 it acquired the 89,000 square foot Select Medical Rehabilitation Facility in Marlton, N.J., outside of Philadelphia, for about $63.6 million.
Transactions: HTA Inc. acquires MOB for $22 million in Brockton, Mass., south of Boston
BROCKTON, Mass. – Scottsdale, Ariz.-based Healthcare Trust of America (NYSE: HTA) in December 2016 acquired a 45,075 square foot MOB in Brockton for $22 million, or $489 PSF, according to RCA data.
News Release: JLL Healthcare Capital Markets had more than $1 billion in transactions in 2016
2016 Healthcare Capital Markets Transactions The JLL Healthcare Capital Markets team is proud to announce another successful year with over $1B in healthcare transactions. JLL Healthcare Capital Markets JLL Healthcare Capital Markets is the only national full service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute […]
News Release: Marcus & Millichap Facilitates the Largest 2016 Medical Office Transaction in Michigan
January 23, 2017 GRAND RAPIDS, Mich., Jan. 23, 2017– Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Women’s Health Center of West Michigan, a four-story, 106,806-square-foot medical office building. The Class A asset is 93 percent occupied […]
News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Healthcare and Data Center Properties Totaling Over $100 Million
January 23, 2017 06:00 AM Eastern Standard Time TAMPA, Fla.–(BUSINESS WIRE)–Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) completed the following data center and healthcare property acquisitions totaling more than $100 million in aggregate purchase price during the month of December 2016: DATA CENTER PROPERTY ACQUISITIONS Chicago Data Center II Acquired by CVMC […]
News Release: Hammond Hanlon Camp LLC Advises HealthEast on $50MM Taxable Debt Issuance
posted on January 19, 2017 ATLANTA — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to St. Paul, MN-based HealthEast in connection with its taxable debt issuance. The debt proceeds funded an unfunded pension liability on HealthEast’s pension plan, refinanced outstanding debt and financed new capital projects. […]
News Release: HFF closes $30.25 million sale of medical office building at Cancer Center in suburban Hartford, Connecticut
PHILADELPHIA, PA – January 18, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $30.25 million sale of the 72,022-square-foot Medical Arts Center at The Hartford Healthcare Cancer Institute. HFF marketed the property exclusively on behalf of the seller, Tomasso Group, and procured the buyer, a publicly-traded medical office REIT. […]
Transactions: Salt Lake City MOB portfolio sells for $12.6 million
Newmark Grubb Knight Frank (NGKF) Global Healthcare Services announced Jan. 18, 2017, that it handled the recent $12.6 million sale of the two-building, 47,468 square foot Mountain Medical Portfolio in the Salt Lake City area. The deal closed Dec. 23, 2016. The specific properties and the buyer and seller were not disclosed. But Healthcare Real Estate […]
News Release: CBRE U.S. Healthcare Capital Markets 2016 Transactions
2016 SELECT DEALS IN SUMMARY CHI Medical Office Portfolio (51) Arkansas, Colorado, Kentucky, North Dakota, Nebraska, Pennsylvania, Tennessee, Texas, Washington Size: 3,124,642 SF Sale Date: September 2016 CHI Texas Medical Center Portfolio (2) Houston, TX Size: 673,395 SF Sale Date: September 2016 Ventas – HCA MOB Portfolio (5) Snellville, Augusta […]
News Release: JUST CLOSED: Class A Medical Office Portfolio
Norwich, CT – Lisa Menin of Jacobson Properties, New York, and John LaBella of RE/MAX Right Choice, Trumbull, Connecticut are pleased to announce the sale of Wawecus Medical Center and 105 Wawecus Street in Norwich, Connecticut. The Class A medical office portfolio, which totals 56,265 square feet, was purchased by Griffin-American Healthcare REIT III, Inc., […]
News Release: Tremont Realty Capital Structures $16,250,000 Financing for Jacksonville Medical Office Building
January 12, 2017 04:01 PM Eastern Standard Time NEWTON, Mass.–(BUSINESS WIRE)–The Hartford office of Tremont Realty Capital, a division of The RMR Group LLC, today announced that it has structured refinancing capital for Jacksonville Medical Plaza, a 132,488 square foot multi-tenant Medical Office Complex in Jacksonville, FL. The non-recourse, CMBS financing represented approximately 75% of […]
News Release: Seavest Healthcare Properties completes sale of Alabama medical office building
FOR IMMEDIATE RELEASE Media Contact: Erin A. Molloy, Seavest Healthcare Properties, emolloy@seavestinc.com, (914) 683-8474 The real estate investment firm closed on the disposition of the 52,118 square foot on-campus Cullman Professional Office Building III WHITE PLAINS, N.Y., and CULLMAN, Ala., Jan. 11, 2017 – Seavest Healthcare Properties recently closed on the sale of Cullman Professional […]
News Release: Inland Real Estate Acquisitions, Inc. Purchases Medical Office Building in Tuscaloosa, Alabama
Oak Brook, Ill. (January 10, 2017) – Inland Real Estate Acquisitions, Inc. announced today that it facilitated the acquisition of The Radiology Clinic, a 39,500-square-foot medical office building located in Tuscaloosa, Alabama. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, Inc., facilitated the transaction on behalf of an Inland affiliate. Originally constructed in […]
News Release: Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance Complete Merger
Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance Complete Largest RE Merger of 2016, to Create Colony NorthStar, Inc Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance have Completed the Previously Announced Largest Real Estate Merger of 2016 to Create Colony NorthStar, Inc. A Global, Diversified Real Estate and Investment Management […]